USDA Central States Print Butter                   07/24 15:40
AMS_1089 MARS

Butter - Central U.S.

Released on July 24, 2024

Demand for butter is steady to lighter in the Central region this week, and 
some contacts suggest current butter prices may be contributing to lackluster 
spot interest. On the CME, butter prices have declined by 4 cents since last 
Wednesday. Cream has tightened somewhat compared to last week, and cream 
multiples are pushing upwards slightly in the region. However, contacts report 
volumes are more available than they typically are this time of year. Some 
butter makers are, reportedly, sourcing loads of cream from the West region. 
Butter makers are actively churning, though plant managers say production 
schedules remain below capacity. Spot loads of salted butter are available but 
are not excessive in the Central region.

Prices for: Central, All First Sales, F.O.B., Grade AA, Edible Butter

Basis Pricing - 80% Butterfat:               0.02-0.08


Information for the period July 22 - 26, 2024, issued weekly